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PMI Exam PMI-SP Topic 7 Question 103 Discussion

Actual exam question for PMI's PMI-SP exam
Question #: 103
Topic #: 7
[All PMI-SP Questions]

Della works as a Project Manager for Blue Well Inc. A number of projects are running under her guidance. You, being a team leader of a project, provide Della the performance indexes of your project. The schedule variance (SV) of your project is zero. What does this figure depict?

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Suggested Answer: A

According to the question, the schedule variance (SV) of the project is zero. A value of 0

indicates that the project is right on target.

Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that

the schedule is ahead or behind what

was planned for this period in time. The schedule variance is calculated based on the following

formula:

SV = Earned Value (EV) - Planned Value (PV)

If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater

than 0 shows that the project is ahead of

the planned schedule. A value of 0 indicates that the project is right on target.

Answer option C is incorrect. The negative SV means that project is behind the schedule.

Answer option D is incorrect. This result can be drawn by looking at the cost variance (CV) of the

project.

Answer option B is incorrect. The positive SV depicts that the project is ahead of the planned

schedule.


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